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Business
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Markets & Companies
11/26/2023 4:28:57 PM
The Egyptian Exchange (EGX) indices started the week with mixed performance and the market cap lost EGP 9 billion, while gold prices rose and the 24 carats reached EGP 3,189 per gram.
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Business
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Economy
11/26/2023 4:23:11 PM
Egypt's Minister of Supply and Internal Trade Ali Moselhi revealed on Sunday that merchants would be given a ten-day period to regulate prices, or else the government may “resort to forced pricing measures.”
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Business
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Markets & Companies
11/23/2023 7:24:36 PM
The Egyptian Exchange (EGX) broke yesterday’s historic records and the main index recorded a new all-time-high on Thursday, surpassing 25,500 points. Gold prices declined, but stayed at the highest levels in months.
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Business
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Energy
11/22/2023 7:42:27 PM
Oil prices slumped Wednesday as traders took a delay to an OPEC+ summit meeting as a sign of possible discord, while European and US stocks rose on hopes of an end to the US Federal Reserve's interest rate-hiking cycle.
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Business
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Markets & Companies
11/22/2023 3:45:37 PM
The Egyptian Exchange (EGX) ended Wednesday with more gains and the main index exceeded 25,000 points for the first time in its history. Gold remained at yesterday’s levels.
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Business
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Economy
11/21/2023 11:25:27 PM
Benchmark US crude oil for January delivery fell 6 cents to $77.77 per barrel Tuesday. Brent crude for January delivery rose 13 cents to $82.45 per barrel.
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Al-Ahram Weekly
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Economy
11/21/2023 9:17:45 PM
The real estate market’s upward trajectory shows no signs of abating anytime soon, experts tell Ahmed Abdel-Hafez
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Business
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Markets & Companies
11/21/2023 3:47:18 PM
The Egyptian Exchange (EGX) indices end Tuesday slightly higher and the main index returned to a level near its all-time high. Gold prices surged and the 24-carat per-gram price hit a new peak at EGP 3,189.
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Business
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Markets & Companies
11/20/2023 4:10:18 PM
The Egyptian Exchange (EGX) ended in the red on Monday. Gold prices rose and the gold pound coin reached EGP 21,880 for purchase.
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Business
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Markets & Companies
11/19/2023 3:35:43 PM
The Egyptian Exchange (EGX) started the week by breaking records; the main index EGX30 ended at a new all-time high of nearly 24,900 points. Gold prices inched higher and the 24-carat gold reached EGP 3,109 per gram.
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Antiquities
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Ancient Egypt
11/17/2023 11:40:31 AM
The 'Ramses and the Gold of the Pharaohs' exhibition opened in Sydney on Thursday showcasing priceless artefacts of King Ramses II.
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Business
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Markets & Companies
11/16/2023 3:12:47 PM
The Egyptian Exchange (EGX) reached new heights on Thursday after some sessions of fluctuations and moderate increases. Gold prices inched lower but were still the highest in months.
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Business
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Economy
11/16/2023 2:57:18 PM
Sugar prices in Egypt increased in the past week, reaching up to EGP 39 per kilo, as vendors and food and beverages companies increase their inventory ahead of the fasting month of Ramadan.
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Business
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Markets & Companies
11/15/2023 5:54:47 PM
The Egyptian Exchange (EGX) ended in the green on Wednesday with the EGX30 approaching its historic high, while gold prices jumped and the 24-carat gold hit a new summit at EGP 3,109 per gram.
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Business
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Economy
11/15/2023 5:35:31 PM
Soaring prices of tobacco products in Egypt are expected to ease soon following the latest measures taken by the country to control the local market, the chairman of Egypt's largest tobacco producer Eastern Company, Hany Aman said on Wednesday.
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Business
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Energy
11/15/2023 4:14:30 PM
Crude prices rallied this week after posting their steepest drop in over three months, rebounding on brighter consumption forecasts from OPEC and the International Energy Agency (IEA), according to a report by the Kuwaiti asset management company Kamco Invest on Wednesday.
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Business
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Markets & Companies
11/15/2023 12:33:18 AM
Benchmark US crude oil for December delivery was unchanged at $78.26 per barrel Tuesday. Brent crude for January delivery fell 5 cents to $82.47 per barrel.
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Al-Ahram Weekly
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Egypt
11/14/2023 10:05:03 PM
Smokers were hit by yet another increase in cigarette prices, reports Doaa A. Moneim
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Business
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Economy
11/14/2023 5:54:03 PM
Philip Morris Misr on Monday increased the prices of its tobacco products by 15-20.5 percent, following the country's state-owned Eastern Company's move to raise the prices of its products.
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Business
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Economy
11/14/2023 5:00:56 PM
Steel prices reached historic levels in Egypt after key producers raised prices significantly, according to the Head of the Cairo Chamber of Commerce's Building Materials Division, Ahmed El-Zeiny.
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